“If you could learn to live on 80% of your income and take 20% off the top, 10% would go to retirement savings and 10% would go to paying down debt. You would have not financial concerns when you retire,” advises Bach.

That could provide a big piece of mind. Based on another survey, the average 65-year-old couple will need to have saved about $250,000 just to cover their medical expenses.

I’d like to know how someone working part-time at minimum wage is supposed to save 20%. There are no morning coffees or take-out meals. Do I tell the creditors that I will pay 80% of my monthly bills? These investment people don’t know the real world.

I didnt think anything was at 8% for a gain, not even low end stocks. wait how can anyone afford to save that much money A DAY, with he way the economy is I only wish I could save that much a day, thats a $120 a month But I will work on it, maybe a buck a day for now………..

why do I need to save 250K for medical expenses, Mr Obama, says everyone will have medical coverage from the government????? Is this a lie?
I figured, since I have paid for everyone elses medical, it’s time they pay for mine when I retire.